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PassiveInvesting.com Buys Nashville Multifamily with… Surprise… Residents’ Recording Studio
JLL has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multi-housing asset in the Wedgewood-Houston neighborhood of Nashville, TN.
John Weber, Ian Anderson and Vic Ciancetta of JLL represented the seller, Westplan Investors. PassiveInvesting.com acquired the asset.
“Investors continue to aggressively target Nashville due to its impressive growth, resilient economy and stellar multi-housing fundamentals,” said Anderson.
The property is minutes to both downtown Nashville and the Wedgewood-Houston neighborhood, which features the May Hosiery (a redevelopment with 175,000 square feet of creative office and retail space) and Nashville Warehouse Co. (a 150,000-square-foot creative office and outdoor music venue). The community also has immediate access to the Nashville Soccer Club Stadium and The Fairgrounds Nashville.
Accent Edgewood amenities include a 24-hour gym, resort style pool, a pet washing spa, a bark park, a bicycle storage, a sky lounge, a coffee bar, co-working space and, in true Nashville style, a recording room.
- ◦Sale/Acquisition
